Canadian government approves Paladin Energy's $1.14 billion acquisition of Fission Uranium, creating a major uranium producer.
Australian uranium company Paladin Energy has been approved by the Canadian government to acquire Fission Uranium Corp. for $1.14 billion, creating one of the world's largest independent uranium producers. The deal was reviewed under the Investment Canada Act for national security concerns but was cleared after Paladin addressed government concerns. The acquisition is expected to boost Paladin Energy's market presence significantly.
3 months ago
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